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DELHIVERY COST EFFICIENCY
Listed new-age companies use AI to tune their daily ops engineCompanies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, re...
Gland Pharma shares jump 11% as Q4 profit soars 97% YoY, co announces Rs 20/share final dividendShares of Gland Pharma rallied on Monday after the company reported a 97% YoY surge in Q4 profit and strong revenue growth, driven by its C...
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Zen Mobility and Delhivery announce EV partnership for pan-India deploymentA long-term partnership to deploy thousands of purpose-built EVs pan-India over the next 3–5 years, building on 500+ vehicles already opera...
Fuel volatility accelerates EV leap in last mile delivery for ecommerce, logistics firmsEcommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustai...
Delhivery announces economy air parcel service to UK, Canada, AustraliaLogistics firm Delhivery is expanding its international air parcel service. The service now reaches the UK, Canada, and Australia. This mov...
Delhivery launches Freight Index One service for transportersLogistics provider Delhivery has launched Freight Index One, a new service offering historical, current, and forward full truckload (FTL) p...
Delhivery shares in focus as company set to acquire Ecom Express in Rs 1,407 crore dealDelhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling majo...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
Delhivery denies talks to acquire logistics firm Gati: filingMedia reports earlier on Tuesday said that Delhivery is in early talks with All Cargo Group's company Gati, citing sources.
Expect e-commerce to grow between 15-20% year-on-year: Delhivery CEOET reported on May 11 that growth in shopping across ecommerce platforms had been slower than anticipated, citing industry executives, mult...
Delhivery to expand infra in Mumbai & BengaluruThe expansion includes a 7 lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 million+ sq ft facility in Bengaluru, the company...
Parcelled raises $5 million in latest round of funding“There is a lot of untapped potential in this space and a need for a convenient, trustworthy, cost-efficient and fast logistics service,” s...
Delhivery will eventually be a data company with significant business in logistics: Santanu BhattacharyaFacebook has the mission to connect the world through social networks, while Delhivery has the mission to connect India through a physical ...
Ecommerce booming but logistics companies play catch upLogistics in India is still far from being able to keep pace with the rapid strides of ecommerce giants and online firms that arrange deliv...